Down |
2. | Required payments of money made to governments by people and businesses that used to provide goods and services |
3. | The only part of a check that must not be completed |
4. | A model of an economy showing the interactions between households and businesses as they exchange goods, services and resources in markets |
5. | A place where buyers and sellers exchange goods and services for money |
8. | A plan showing how income is to be spent |
11. | All the goods and services produced by one country over one year (abreviation) |
13. | Goods and services that are provided by the government |
14. | Having fewer goods, services or resources available than you want |
15. | The amount consumers are able and willing to buy at all possible prices at a given time |
18. | Money owed on an account |
19. | Money taken out of a bank account |
21. | A business that provides money services, such as cashing checks, making loans, and paying interest on accounts |
22. | A level of material comfort in everyday life that is measured by the goods and services available to an individual, group, or nation |
23. | When workers perform part of a production task |
25. | Things used to make goods and services |
26. | Workers who make goods and provide services |
27. | When there is not enough for all who want it |
28. | The money a business loses after it pays its production costs |
30. | Methods used by businesses to gain more customers and earn higher profits |
31. | When you choose to get less of one thing in order to get more of something else |
34. | Ratio at which a unit of currency of one country can be exchanged for that of another country |
35. | Goods made and used to produce other goods and services |
38. | The next best choice that you give up |
40. | The study of the production, consumption and distribution of goods and services |
41. | People who buy and/or use goods and services to satisfy wants |
43. | To use money to buy goods and services |
44. | Payments made for the use of money |
47. | A good used to buy other goods and services |
50. | To use money to gain profit |
52. | Promise of payment at a future time in return for goods/service now |